• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple and Riot: Dispute Over Bitcoin Reserve

user avatar

by Giorgi Kostiuk

a year ago

The Strategic Bitcoin Reserve (SBR) initiative has sparked a dispute between Ripple Labs and Riot Platforms.

Ripple and Riot Platforms Conflict

Pierre Rochard, VP of Research at Riot Platforms, believes Ripple directs its efforts towards political influence to prevent the SBR from being established. He argues that Ripple focuses on protecting XRP rather than supporting Bitcoin.

Ripple's Defense and Accusations

Rochard points out that the real challenge to SBR doesn't come from financial regulators but from Ripple's aggressive lobbying. He suggests that Ripple seeks to control the crypto narrative and advocate for central bank digital currencies on its platform.

Garlinghouse refuted these claims, stating that Ripple's activities advance the potential for establishing a Bitcoin reserve.CITE_W_A

Impact on Crypto Future

Ripple’s defense highlights the complex dynamics surrounding the push for a Bitcoin reserve and its broader implications for the future of crypto. Trump's administration continues to strengthen its presence in the crypto world, appointing pro-crypto individuals to key regulatory positions, aligning with campaign promises.

The situation around creating a Bitcoin reserve reveals complex interrelations among major industry players and their strategic interests.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Dogecoin's Price Analysis Indicates Potential Surge

chest

Analyst Ali Martinez discusses the implications of Dogecoin's current position within a Parallel Channel, indicating a potential price surge if support holds.

user avatarGustavo Mendoza

Qubic to Launch Dogecoin Mining on April 1

chest

Qubic announces the launch of its Dogecoin mining operations on April 1, 2026, integrating it into their decentralized computing network.

user avatarRajesh Kumar

Revised Editorial Guidelines Highlighting Improved Precision and Objectivity.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in reporting.

user avatarMiguel Rodriguez

House Financial Services Committee to Hold Hearing on Tokenization

chest

The House Financial Services Committee will hold a hearing on tokenization, focusing on the integration of securities products onto blockchain platforms.

user avatarArif Mukhtar

Hearing to Address Regulatory Challenges of Tokenized Financial Products

chest

The upcoming hearing will address regulatory challenges and the classification of tokenized financial products, with a focus on industry perspectives.

user avatarLuis Flores

Solana Faces Price Decline Below Key Support Levels

chest

Solana's price has failed to stabilize above 92, leading to a decline below key support levels.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.